Spartanburg, SC Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Spartanburg, SC. Based on 30+ datapoints.
Spartanburg, SC Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-7.5%
Median Cashflow
-$290/mo
Avg Rent Estimate
$1,699/mo
Avg Price
$268,003
Price Range
$178,200 - $361,400
Rent to Price
0.63%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Spartanburg, SC
Spartanburg, SC presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.7% cap rate combined with -7.5% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a moderately priced price point.
Based on 30+ analyzed properties, the median monthly cashflow in Spartanburg, SC is -$290 with average rents of $1,699/month. Properties range from $178,200 to $361,400, offering entry points across multiple investment budgets.
Spartanburg, SC Rental Market Insights
- •Median cashflow is -$290/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Spartanburg, SC requires selective property picks
- •Moderately priced market with properties from $178,200 to $361,400